Sattrix revenue jumps as AI cybersecurity push grows

Sattrix Information Security reported 36.3% revenue growth and a 91.3% rise in EBITDA for FY 2025-26 and outlined five strategic priorities at its 13th annual general meeting.

Consolidated revenue from operations rose to ₹6,083.44 lakh from ₹4,463.17 lakh, while EBITDA increased to ₹1,125.15 lakh from ₹588.05 lakh. Profit after tax nearly doubled to ₹807.53 lakh from ₹404.61 lakh, and earnings per share rose to ₹11.10 from ₹6.27.

Margins also improved. EBITDA margin widened to 18.50% from 13.18%, while profit after tax margin increased to 13.27% from 9.07%.

The group attributed the stronger profitability to a shift in revenue mix towards managed cybersecurity services, its own platforms, and recurring and renewal business. It also cited operating leverage, with revenue expanding faster than costs.

At the annual meeting, management outlined plans to strengthen the business around artificial intelligence in cybersecurity in India and overseas markets. The priorities include maintaining quarterly consolidated profitability, expanding adoption of its NewEvol cybersecurity platform across industry sectors, launching its 1See compliance intelligence platform as a software-as-a-service offering, and developing both products as AI-native applications.

A fifth priority is continued investment in innovation and research and development in AI and cyber technologies. These measures are intended to support its position in a market where customers are seeking more automated and integrated security tools.

Chairman & Managing Director Sachhin Gajjaer set out the company's direction at the meeting.

"We intend to build Sattrix into one of the prominent players in the AI cybersecurity space - not only in the Indian market, but internationally. We do not wish to be a cybersecurity services company that has added artificial intelligence to its brochure. We intend to be a company whose platforms, products and delivery are built on artificial intelligence at the core," Gajjaer said.

Profitability focus

The financial results suggest profit grew faster than sales over the year. EBITDA grew 91.33%, outpacing revenue growth, while profit after tax rose 99.58%.

Whole-time Director & Chief Financial Officer Ronak Gajjar highlighted how quickly incremental revenue converted into profit.

"Of every additional rupee of revenue we earned this year, approximately 33 paise converted into EBITDA and approximately 25 paise into profit after tax. That is operating leverage, and it is the clearest evidence available that this business is scaling and not merely growing," Gajjar said.

She added that the margin expansion gives the company more room to fund product development from its own resources rather than relying on outside funding. Internal accruals are expected to support much of its AI-native product roadmap and related research and development work.

AGM decisions

Shareholders also voted on a series of corporate matters at the meeting. These included adopting the audited standalone and consolidated financial statements for the year ended 31 March 2026, reappointing Mayur Durgasing Rathod as Non-Executive Director, and reappointing Gajjaer as Managing Director for a three-year term from 28 May 2026, along with approval of his remuneration.

Members also approved the reappointment of Ronak Sachin Gajjar as Whole-time Director for a three-year term from 23 September 2026. In addition, shareholders backed a variation in the objects of the initial public offering and the use of unutilised IPO proceeds towards the acquisition of fixed assets, including new office premises.

The annual meeting also approved the revised Sattrix ESOP Scheme 2026. All resolutions were passed with the required majority.

Sattrix is listed on the SME platform of BSE and operates in cybersecurity services and products. The latest results indicate a year in which profit growth outpaced revenue growth, while management used the annual meeting to place greater emphasis on AI-led product development and platform adoption across customer segments.

For investors, the combination of higher margins, rising earnings per share, and a push towards recurring, platform-led business will be a central focus as the company develops NewEvol and prepares the 1See launch.